Kohl's, Inc.benefits

Kohl's, Inc.'s benefits plans covered 96,863 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $1,329,989. Insurance brokers and agents were paid $1,189,221 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 89.4% of premiums. That is $12 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 4.6% from $1,136,384 in 2023.